Polam Federal Credit Union


Overview / Commentary
323-463-5137
589 N Larchmont Blvd
Los Angeles, CA 90004

Polam Federal Credit Union is headquartered in LOS ANGELES and is the 174th largest credit union in the state of California. It is also the 2,100th largest credit union in the nation. It was established in 1969 and as of September of 2024, it had grown to 9 employees and 2,097 members at 2 locations. Polam Federal Credit Union's CD rates are 4X the national average, and it has a B health rating.

Field of Membership Restrictions

POLAM Federal Credit Union is open to residents of Southern California who are family and friends, or supporting members of the Polish American Congress (supporting donation of $20 can be made at time of membership opening).
See current membership details

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Polam Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #19739
Year Chartered1969
Employees9
Primary Regulator
Profit Margin
Return on Assets - YTD-0.54%
Return on Equity - YTD-5.31%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$73.4MM$72.3MM
LoansQ3 2024vs Q3 2023$38.8MM$36.7MM
DepositsQ3 2024vs Q3 2023$65.8MM$66MM
Equity CapitalQ3 2024vs Q3 2023$7.5MM$6.2MM
Loan Loss AllowanceQ3 2024vs Q3 2023$316K$320K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$435K$1MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Polam Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$1k-IRA Account
0.05%$100-Savings Account

Polam Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$75k*-Money Market Account
OTHER TIERS: 0.30% $2.5k - $25k | 0.40% $25k - $75k

Polam Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%*$100k*-1 Year CD
OTHER TIERS: 2.25% $2.5k - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.75%*$100k*-Youth 1 Year CD
OTHER TIERS: 2.25% $500 - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.50%*$100k*-2 Year CD
OTHER TIERS: 2.50% $2.5k - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.50%*$100k*-3 Year CD
OTHER TIERS: 2.25% $2.5k - $25k | 2.75% $25k - $50k | 3.25% $50k - $100k
3.50%*$50k*-5 Year CD
OTHER TIERS: 2.50% $2.5k - $25k | 3.00% $25k - $50k
3.50%*$100k*-4 Year CD
OTHER TIERS: 2.00% $2.5k - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.50%*$100k*-Youth 2 Year CD
OTHER TIERS: 2.50% $500 - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.50%*$100k*-Youth 3 Year CD
OTHER TIERS: 2.25% $500 - $25k | 2.75% $25k - $50k | 3.25% $50k - $100k
3.50%*$100k*-Youth 4 Year CD
OTHER TIERS: 2.00% $500 - $25k | 3.00% $25k - $50k | 3.25% $50k - $100k
3.50%*$50k*-Youth 5 Year CD
OTHER TIERS: 2.50% $500 - $25k | 3.00% $25k - $50k
3.00%*$100k*-6 Month CD
OTHER TIERS: 1.75% $2.5k - $25k | 2.50% $25k - $50k | 2.75% $50k - $100k
3.00%*$100k*-Youth 6 Month CD
OTHER TIERS: 1.75% $500 - $25k | 2.50% $25k - $50k | 2.75% $50k - $100k
Locations


Polam Federal Credit Union Locations
Branch Office589 N LARCHMONT BLVDLOS ANGELES, CA 90004-1305
Branch Office1700 N TUSTIN STORANGE, CA 92865-4603

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